Stablecoins Are Useful to U.S. Financial system, Cantor Fitzgerald CEO Howard Lutnick Says

by Jeremy

Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT). As of writing, USDT boasted a market cap of $107 billion, whereas second-ranked Circle’s USDC had a market worth of $32.25 billion, in accordance with CoinGecko.

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